contestada

What happens to the supply curve when producers are offering less products for sale at each and every price?

Respuesta :

Answer:

Shift Left

Explanation:

When examining a supply curve, A shift to the left in the supply curve indicates a decrease in supply to the market. A shift to the right indicates that the increase in supply.

There are several factors that can cause a supply curve to shift to the left. For example:

- Increase in production cost that make producer unable to buy as much materials as before

- A change in the current market trend

- Political instability that make the whole economy in the country become less productive,

- Etc.